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K-water Announces 12 Core Technologies for Future
Water TechnologiesThe ToNG to be announced on the day includes 12 technologies in sex sectorsKorea Water Resources Corporation (K-water) announced on Feb. 12 that it held a meeting with a theme of...
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KB Kookmin Bank Partners Up with KOICA
Overseas CSR KB Kookmin Bank (CEO Yoon Jong-kyoo) said it has signed a memorandum of understanding (MOU) with International Cooperation Agency (KOICA) on Feb. 18 to effectively carry out various...
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KT Demonstrates World’s First 5G Performing at 25 Gbps
25 Gbps 5GKorean mobile operator KT said that it succeeded in 25.3 Gbps data transmission by using Millimeter Wave (mmWave) with Multi-user, Multiple Input, Multiple Output (Mu-MIMO) for the first time...
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Korea Fared Well in International Trade Compared to China, Japan
Deteriorating Trade Conditions According to the Ministry of Finance of Japan, the total Japan’s exports decreased 12.9% year on year to 5.3516 trillion yen in January this year. Although the exports...
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SK Telecom to Demonstrate Tech for Disaster Response Network at MWC 2016
Disaster Relief TechSK Telecom is planning to demonstrate its telecommunications network for disaster relief purposes at Mobile World Congress (MWC) 2016, which is scheduled to take place in Barcelona,...
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KAI Discusses with Lockheed Martin for T-X Project
Defense ProjectKorea Aerospace Industries (KAI) President Ha Sung-yong has strengthened the partnership with Lockheed Martin Corp. in order to win new aircraft export orders.KAI, South Korea's sole...
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Korean Enterprises Falling Behind Japanese and Chinese in International M&A
International M&AIt has been found that Chinese and Japanese enterprises are rapidly increasing the numbers of their M&A cases abroad whereas their Korean counterparts are rather passive in...
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Major Korean Steelmakers Focusing on High Value Added Products
Seeking for High Value-addedAccording to industry sources, POSCO is renovating the fifth blast furnace in its steel mill located in Gwangyang City while overhauling its production systems as a whole....
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ETRI Tests Next-Gen. Terrestrial Broadcasting Technology at U.S. VHF Channel
Next-gen Transmission PlatformThe Electronics and Telecommunications Research Institute (ETRI) of Korea announced on Feb. 18 that it has co-developed ATSC 3.0, a next-generation transmission platform,...
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Insolvency, Restructuring Feared to Undermine Banks’ Soundness
Vulnerable Bank SoundnessCorporate restructuring was the main culprit behind a drop of 40 percent in Korean banks’ business performances last year. Financial regulators explained that bad account cost...
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AmorePacific Signs Sponsorship Deal to Preserve Endangered Plant Species
Native Plant PreservationSouth Korea's top cosmetics maker AmorePacific Group has joined hands with Cheollipo Arboretum to preserve endangered plant species. Under the sponsorship deal signed at...
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North Gyeongsang Province Offers Bus Travel Package for Foreign Tourists
Free Bus TravelGyeongsangbuk-do, or North Gyeongsang Province, had a launching ceremony for K-Travel Bus, a free bus travel package for foreign tourists, at Jinho International Archery Experience...
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KICOX to Provide Vietnam with Consulting for Establishing Eco-Industrial Park
Eco-industrial Park The Korea Industrial Complex Corporation (KICOX) announced on Feb. 22 that it has signed a US$48,000 (59.11 million won) deal with the World Bank Group (WBG) to provide consulting...
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SPC Group Opens Local Regular Courses of France’s National Bakery School
French Bakery School in KoreaSPC Group, which operates the nation's largest bakery franchise Paris Baguette, announced on Feb. 22 that it has opened regular baking courses of the Institut National de...
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Korean Government to Work on Novel Industrial Materials
Future Materials The Ministry of Science, ICT & Future Planning announced that it would launch the Future Material Discovery Project in order to develop novel industrial materials by means of...
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Exports from Korea Fell Close to 20% Last Month
Getting WorseThe Korea Customs Service announced on February 22 that Korea’s exports totaled US$58.7 billion between January 1 and February 20 this year, down 18.3% from a year ago, and the amount for...
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Global LCD Panel Market Predicted to Show Significant De-growth This Year
Changing Demand It has been predicted that the large-size LCD panel market could record a double-digit negative growth this year. In contrast, the OLED TV panel market is forecast to double its size...
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Lee Se-dol Vs. AlphaGo Broadcast Live on YouTube
Human-AI Match On February 22, Google DeepMind CEO Demis Hassabis had a press conference in London, with Lee Se-dol in Seoul, to explain the details of the Go matches between the world champion and the...
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Virtual Reality Expected to Boom while Expanding into Medical, Construction,...
Virtual Reality BoomVirtual reality, or VR, has been stealing the show at the Mobile World Congress (MWC) which used to be dominated by smartphones. Even though VR is now used mostly for entertainment...
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Prosecution to Look into Elliot Management for 5% Rule Violation
Rule ViolationThe Korean prosecution will look into the US-based hedge fund “Elliot Management” which revolted the merger between Samsung C&T and Cheil Industries. The charge is that Elliot...
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